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Home » EY Academy concludes Middle East Corporate Reporting Insights Roadshow
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EY Academy concludes Middle East Corporate Reporting Insights Roadshow

By dailyguardian.aeDecember 15, 20255 Mins Read
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Landmark regional program equips nearly 950 finance leaders for the next era of financial reporting

Dubai, UAE – 15 December 2025: EY Academy has successfully concluded its 2025 Corporate Reporting Insights Roadshow; a landmark regional program that brought together around 950 CFOs, finance directors, controllers and industry specialists across eight cities in six Middle Eastern countries.

Designed at a pivotal moment for global reporting, the roadshow addressed the sweeping transformation driven by IFRS (International Financial Reporting Standards) 18, IFRS 19, and other amendments and updates issued by the International Accounting Standards Board between January 2024 and June 2025. The series delivered practical, region-specific guidance to help organizations prepare for the most significant overhaul in financial reporting in more than a decade.

Hosted across Dubai, Riyadh, Jeddah, Al-Khobar, Qatar, Bahrain, Oman and Kuwait, the sessions attracted professionals from banking, asset management, government, manufacturing, and retail & consumer goods, reflecting the cross-sector urgency to strengthen reporting foundations ahead of upcoming implementation deadlines.

“Finance leaders across the Middle East are navigating one of the most consequential shifts in IFRS requirements in recent times. The strong participation throughout the roadshow reflects a shared recognition: reporting excellence is now a strategic capability. These sessions created space not only to understand the changes, but to interpret them and prepare organisations to apply them with confidence,” said Fazeela Gopalani, EY MENA Academy Leader. 

Participants engaged in deep-dive discussions on the practical and strategic implications of:

  • IFRS 18’s new structure for performance reporting, including mandatory subtotals, profit categories and enhanced disclosure logic.
  • Materiality, aggregation and disaggregation requirements, reinforcing transparency and comparability.
  • IFRS 15 and IFRS 9 real-world complexities, from variable consideration and financing components to revenue timing and classification issues.
  • IASB updates across leases, supplier finance arrangements and covenant disclosures: topics gaining relevance as regional capital markets mature.
  • Interpretation challenges surfaced in global practice, explored through IFRS 18 Q&A scenarios on financial instruments, leasing, contingent consideration and performance measures.

The roadshow also emphasized the broader strategic effects of IFRS reform, from the potential revision of KPIs and remuneration metrics under IFRS 18, to the operational processes required for more granular disclosure, to the growing expectations of investors and regulators across the region.

The program was led by Lakatos László Péter, Associate Senior Trainer at EY Poland and IFRS specialist, who guided participants through scenario-based case studies, decision-tree logic, and practical implementation questions aligned with the latest IASB thinking.

Marco AbouZahr, EY MENA Financial Accounting Advisory Services Leader, added: “High-quality corporate reporting underpins trust, investment and long-term economic growth. The momentum we saw across the roadshow reinforces the Middle East’s commitment to elevating reporting standards and aligning with global best practice. As economies diversify and capital markets expand, this capability will be crucial.”

The Corporate Reporting Insights Roadshow is part of EY Academy’s broader mission to accelerate talent development and support finance functions across the region as they prepare for IFRS 18 and IFRS 19 implementation from 2027. Building on this success, EY Academy will expand its technical and leadership programs throughout 2026, offering tailored in-house workshops, industry-focused IFRS labs and certification pathways. 

-ENDS-

About EY

EY  |   Building a better working world

EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets.

Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.

EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fuelled by sector insights, a globally connected, multidisciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.

All in to shape the future with confidence.

EY refers to the global organization, and may refer to one or more of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.

The MENA practice of EY has been operating in the region since 1923. Over the past 100 years, we have grown to over 8,500 people united across 27 offices and 14 countries, sharing the same values and an unwavering commitment to quality. As an organization, we continue to develop outstanding leaders who deliver exceptional services to our clients and who contribute to our communities. We are proud of our accomplishments over the years, reaffirming our position as the largest and most established professional services organization in the region.

© 2025 EYGM Limited.

All Rights Reserved.

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